Clearstead Advisors LLC has reduced its stake in KeyCorp (NYSE:KEY) by selling 92,525 shares, lowering its total holdings to 1,053,754 shares valued at $19.7 million. This transaction occurred as KeyCorp reported strong Q4 results, exceeding revenue and EPS expectations, and declared a quarterly dividend of $0.205 per share. Despite the insider selling and mixed analyst ratings, the stock trades as a “Hold” with a consensus target price of $22.87 and has experienced significant institutional investment activity.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Clearstead Advisors LLC Sells 92,525 Shares of KeyCorp $KEY
Clearstead Advisors LLC has reduced its stake in KeyCorp (NYSE:KEY) by selling 92,525 shares, lowering its total holdings to 1,053,754 shares valued at $19.7 million. This transaction occurred as KeyCorp reported strong Q4 results, exceeding revenue and EPS expectations, and declared a quarterly dividend of $0.205 per share. Despite the insider selling and mixed analyst ratings, the stock trades as a “Hold” with a consensus target price of $22.87 and has experienced significant institutional investment activity.